{"schema_version":"1.0","name":"HIM3 Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"3d8b2371-81c6-4419-a901-c81c77ebcffd","symbol":"HIM3","name":"Leverage Shares 3x Long Hims & Hers Health (HIMS) ETP Securities","exchange":"MIL","country":"IT","asset_type":"etf","currency":"EUR","sector":null,"industry":null},"summary":"The completed price path and its progression through the positioning zones can be described, but there is not enough usable Market Dynamics history to confirm or challenge the technical state.","sections":[{"name":"Executive technical read","description":"Completed-week price state, Market Dynamics alignment, current price and the principal technical KPIs."},{"name":"Market Dynamics","description":"The proprietary relationship between completed price, underlying support, positioning zones and confirmation."},{"name":"Ticker evidence record","description":"Current application, comparable historical conditions, zone outcomes and practical review conditions."},{"name":"Adaptive technical evidence","description":"Six condition-selected views: Trend, acceptance and volatility envelope, Completed returns and cumulative progression, Range expansion and closing direction, Drawdown and recovery pressure, Activity pressure and cumulative balance, Range pressure and compression."},{"name":"SM Tape Intelligence","description":"Resolved consensus with Control, Force, Direction and Confirmation gauges against completed price."},{"name":"Research boundary","description":"Dated scope, interpretation limits, methodology version and source references."}],"research":{"available":true,"asOf":"2026-08-21","observations":19,"displayedObservations":19,"assetType":"ETF","state":"Aligned downward","stateTone":"negative","summary":"The completed price path and its progression through the positioning zones can be described, but there is not enough usable Market Dynamics history to confirm or challenge the technical state.","evidenceAlignment":{"status":"Evidence developing","headline":"Price structure is visible; Market Dynamics is not yet established","summary":"The completed price path and its progression through the positioning zones can be described, but there is not enough usable Market Dynamics history to confirm or challenge the technical state.","take":"Treat movement through the zones as price-location context only. Reaching the upper zone shows extension, but without an established Market Dynamics read it does not by itself establish active distribution, divergence or reversal risk.","tone":"neutral","conflict":false},"marketDynamics":{"available":true,"readAvailable":false,"dates":["2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"],"values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"opens":[31.035,79.169998,101.239998,61.959999,82.720001,43.235001,37.25,56.5,53.009998,105.660004,70.339996,113.699997,84.110001,97.019997,78.309998,46.75,30.165001,50.0,34.195],"highs":[76.400002,110.550003,101.32,62.450001,83.349998,43.235001,45.275002,56.5,53.5,105.660004,70.339996,113.699997,85.540001,97.019997,78.330002,48.474998,52.0,50.0,51.490002],"lows":[31.035,79.169998,58.150002,57.400002,36.310001,28.075001,37.25,48.939999,51.84,98.269997,70.339996,113.699997,84.110001,97.019997,52.150002,25.084999,30.165001,34.865002,29.469999],"closes":[80.790001,95.699997,61.959999,57.400002,45.709999,37.25,42.705002,48.939999,51.849998,102.769997,70.339996,113.699997,85.040001,97.019997,52.52,30.165001,46.845001,35.685001,51.490002],"hoverRows":[[{"label":"Open","value":"31.0","className":"is-ohlc","compact":true},{"label":"High","value":"76.4","className":"is-ohlc","compact":true},{"label":"Low","value":"31.0","className":"is-ohlc","compact":true},{"label":"Close","value":"80.8","className":"is-ohlc","compact":true},{"label":"Market 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Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}]],"pressureRange":[-2.3,2.3],"priceRange":[25.152901,118.712097],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"state":"Insufficient history","context":{"scenario":"developing","latestDirection":"steady","fourWeekDirection":"steady","now":{"label":"Little changed this week","detail":"Market Dynamics remains positive and was little changed this week."},"fourWeek":{"label":"Broadly steady over four weeks","detail":"The broader path has not changed enough to establish a new direction."},"price":{"label":"Price and Market Dynamics are broadly aligned","detail":"The current price response is broadly consistent with the underlying Market Dynamics path."}},"diagnosis":{"label":"Zone progression","detail":"Price is travelling between the lower accumulation area and the upper positioning zone. Market Dynamics history is not yet sufficient to confirm or challenge that progression.","tone":"neutral"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Price is travelling between the lower accumulation area and the upper positioning zone. Market Dynamics history is not yet sufficient to confirm or challenge that progression.","annotations":[{"label":"Current tape relationship","value":"Zone progression","detail":"Market Dynamics remains positive and was little changed this week.","tone":"neutral"},{"label":"Price location","value":"Between zones","detail":"Price is progressing between the lower and upper positioning zones while the Market Dynamics read develops.","tone":"neutral"},{"label":"Latest positioning marker","value":"None in view","detail":"Entering the lower zone alone does not create a positioning confirmation.","tone":"neutral"},{"label":"Market Dynamics confirmation","value":"Unavailable","detail":"Too little usable Market Dynamics history is available for a directional confirmation read.","tone":"neutral"}],"relationshipEvidence":{"available":false,"observations":19,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[{"date":"2026-06-19","price":102.769997},{"date":"2026-07-03","price":113.699997}],"reversal_dangers":[{"date":"2026-06-26","price":70.339996},{"date":"2026-07-10","price":85.040001}]}},"smTape":{"available":true,"dates":["2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"],"close":[80.79,95.7,61.96,57.4,45.71,37.25,42.705,48.94,51.85,102.77,70.34,113.7,85.04,97.02,52.52,30.165,46.845,35.685,51.49],"consensus":[100.0,0.0,-82.3489,-58.0,-48.1005,-31.1897,-13.1787,-21.9676,-15.0479,50.8572,0.0,49.313,9.3045,18.325,-54.4394,-63.7323,0.0,-48.5815,-21.6661],"supportDates":["2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"],"control":[null,null,null,null,null,-22.7682,-4.3852,-28.7261,-27.4357,48.7357,0.0,45.3036,0.7891,23.9822,-56.4324,-53.9142,0.0,-49.1169,-22.6814],"force":[100.0,0.0,-82.3489,-58.0,-29.9687,-13.5597,-4.4214,-11.6702,-7.4566,38.5516,0.0,35.4148,8.8949,8.649,-72.9414,-77.9058,0.0,-51.274,-68.0284],"direction":[null,null,null,null,-61.0519,-53.407,-35.8,-21.5989,-6.3128,62.0715,0.0,63.8225,32.0359,18.771,-38.9461,-64.8291,0.0,-46.0464,-12.6103],"intensity":[null,null,null,null,25.0,80.0,16.6667,28.5714,12.5,100.0,60.0,81.8182,41.6667,30.7692,85.7143,46.6667,31.25,17.6471,33.3333],"confirmation":[54.6667,1.7132,49.0183,41.2267,59.8966,77.5717,27.4247,74.6128,27.0619,83.9316,28.0129,83.4177,4.4501,73.4829,85.9541,88.9759,33.2225,83.62,33.6875],"persistence":[null,null,0.0,25.0,40.0,50.0,57.1429,62.5,87.5,75.0,62.5,37.5,12.5,12.5,12.5,12.5,25.0,0.0,12.5],"assessmentRisk":[null,null,null,null,24.2086,34.3506,36.1098,14.9804,28.1811,24.3389,42.3238,24.7379,38.2322,20.4565,1.3637,17.947,46.3555,24.6476,12.7191],"volumeParticipation":true,"latest":{"consensus":-21.7,"control":-22.7,"force":-68.0,"direction":-12.6,"confirmation":33.7,"persistence":12.5,"assessmentRisk":12.7,"intensity":33.3,"evidenceDepth":73},"analysis":{"status":"Price structure has the available support","headline":"The gauges support the price-technical view","summary":"Market Dynamics does not provide a directional confirmation. The completed evidence supports the downward price structure.","take":"Current assessment: follow price structure with limited confirmation.","tone":"negative","supportedView":"Price structure","direction":"downward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Seller control supports the view","controlPath":"Control support is easing","forceState":"Downward commitment","forcePath":"Broadly stable","directionState":"Downward follow-through","persistenceState":"Unsettled","confirmationState":"Limited support","riskState":"Contained","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"-21.7","detail":"Price structure has the available support","tone":"negative"},{"label":"SM Control Gauge","value":"-22.7","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-68.0","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-12.6","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"34/100","detail":"Limited support","tone":"caution"}]},"kpis":[{"label":"Price structure","value":"Aligned downward","detail":"completed-week alignment","tone":"negative"},{"label":"Momentum","value":"57.2","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"60.3%","detail":"Contained","tone":"neutral"},{"label":"Trend quality","value":"-","detail":"Developing","tone":"neutral"},{"label":"Range position","value":"30%","detail":"location inside observed range","tone":"neutral"},{"label":"Adaptive set","value":"6 views","detail":"selected for the current tape","tone":"neutral"}],"charts":[{"key":"price","eyebrow":"Price architecture","title":"Trend, acceptance and volatility envelope","description":"Price is shown against fast and slow trend references with its current volatility envelope.","reason":"Selected as the anchor because price and its trend references are aligned downward.","series":[{"label":"Close","values":[80.79,95.7,61.96,57.4,45.71,37.25,42.705,48.94,51.85,102.77,70.34,113.7,85.04,97.02,52.52,30.165,46.845,35.685,51.49],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,70.1252,64.1479,60.2492,58.193,57.0397,65.3543,66.2608,74.8861,76.7323,80.421,75.3481,67.133,63.4442,58.3971,57.1413],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,74.7068,76.3597,74.5938,71.3027,69.4911,66.9869,65.839],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,105.8357,104.7761,116.0233,116.406,118.9405,116.975,116.8157,115.074,113.9775,112.3138],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower 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